Energy Sector Stocks Technical Review -- Research on Concho Resources, Antero Resources, Northern Oil and Gas, and Bill Barrett

LONDON, April 25, 2014 /PRNewswire/ --

On Thursday, April 24, 2014, the NASDAQ Composite ended at 4,148.34, up 0.52%, the Dow Jones Industrial Average finished the day flat at 16,501.65, and the S&P 500 closed at 1,878.61, up 0.17%. The gains were narrow based as four out of ten sectors ended the session in positive. The S&P 500 Energy Sector Index ended the day at 684.62, down 0.10%; while the index advanced 7.61% in the last one month. Investor-Edge has initiated coverage on the following equities: Concho Resources Inc. (NYSE: CXO), Antero Resources Corp. (NYSE: AR), Northern Oil and Gas Inc. (NYSE MKT: NOG) and Bill Barrett Corp. (NYSE: BBG). Free technical research on CXO, AR, NOG and BBG can be downloaded upon signing up at:

http://www.investor-edge.com/1703-register

On Thursday, shares of Concho Resources Inc. fluctuated between $132.79 and $135.33 before ending the session 0.66% higher at $133.60, hitting a new 52-week high of $135.33. The company's stock reported a trading volume of 1.22 million shares, which was above its three months average volume of 1.19 million shares. Shares of the company traded at a PE ratio of 33.20. Concho Resources Inc.'s shares have rallied 11.82% in the last one month, 37.89% in the last three months and 23.70% on YTD basis. The stock is trading above its 50-day and 200-day moving averages, while Concho Resources Inc.'s 50-day moving average of $121.16 is above its 200-day moving average of $106.73. Moreover, shares of the company have a Relative Strength Index (RSI) of 65.69. Sign up today to read free research on CXO at:

http://www.investor-edge.com/1703-CXO-25Apr2014.pdf

Antero Resources Corp.'s stock finished the Thursday's session 0.41% lower at $63.29. A total of 1.45 million shares were traded, which was above its three months average volume of 0.89 million shares. The stock moved between $62.34 and $64.17 during the trading session. Over the last one month and since the beginning of this year, Antero Resources Corp.'s shares have declined 3.67% and 0.24%, respectively. However, over the past three months, the company's stock has advanced 9.14%. The company's shares are trading above its 50-day moving average of $61.59. Antero Resources Corp.'s stock has an RSI of 51.89. Sign up today to read free research on AR at:

http://www.investor-edge.com/1703-AR-25Apr2014.pdf

On Thursday, shares of Northern Oil and Gas Inc. recorded a trading volume of 0.88 million shares, close to its three months average volume of 0.85 million shares. The stock ended the day at $15.38, which was 2.12% above its previous day's closing of $15.06, and registered an intraday range of $15.01 and $15.40. Shares of the company traded at a PE ratio of 14.64. Northern Oil and Gas Inc.'s shares have gained 1.25% in the past three trading sessions and 11.53% in the last one month; the same has also advanced 2.06% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $14.50 and $14.58, respectively. Furthermore, shares of the company have an RSI of 59.38. Sign up today to read free research on NOG at:

http://www.investor-edge.com/1703-NOG-25Apr2014.pdf

Bill Barrett Corp.'s stock edged 0.85% higher, to close the day at $24.79. The stock recorded a trading volume of 0.66 million shares, which was below its three months average volume of 1.51 million shares. The stock vacillated between $24.32 and $25.33 during the trading session. Over the last one month and previous three months, Bill Barrett Corp.'s shares have lost 4.25% and 11.97%, respectively. Also, the stock has fallen by 7.43% since the start of this year. The stock is trading above its 50-day moving average of $24.76, while the 50-day moving average is below Bill Barrett Corp.'s 200-day moving average of $25.15. Additionally, the stock traded at a PE ratio of 137.35 and has an RSI of 49.05. Sign up today to read free research on BBG at:

http://www.investor-edge.com/1703-BBG-25Apr2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Investor-Edge

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED